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3116 Richmond Rd

Beachwood, OH 44122

2 bd 2 ba 1,727 sqft Built 1997 Lot 114,562 sqft condo
Most recent sale
$245,000
Dec 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2022 Listing removed $249,900 MLSNOW
Dec 1, 2021 Sold $245,000 MLS #4335816
Apr 17, 2021 Listing removed $258,000 MLSNOW
Dec 23, 2020 Price changed $249,900 MLS #4236626
Nov 4, 2020 Listed $257,900 MLS #4236626
Feb 1, 2011 Listing removed $219,000 MLSNOW
Aug 25, 2010 Sold $186,500 MLS #3156730
Jul 25, 2010 Listed $205,000 MLS #3156730
Mar 14, 2010 Listed $219,000 MLS #3113619
Jan 12, 1998 Sold $192,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $75,040 $10,710 $85,750 $4,538
2024 $75,040 $10,710 $85,750 $4,543
2022 $73,960 $8,230 $82,190 $5,051
2021 $73,960 $8,230 $82,190 $4,908
2020 $61,640 $6,860 $68,500 $4,439
2019 $61,640 $6,860 $68,500 $4,363
2018 $61,640 $6,860 $68,500 $4,335
2017 $55,060 $6,130 $61,190 $3,801
2016 $55,060 $6,130 $61,190 $3,777
2015 $55,060 $6,130 $61,190 $3,660
2014 $55,060 $6,130 $61,190 $3,752
2013 $55,060 $6,130 $61,190 $3,693
2012 $55,060 $6,130 $61,190 $3,562
2010 $68,670 $7,350 $76,020 $4,608
2009 $68,670 $7,350 $76,020 $3,925
2008 $76,790 $7,805 $84,595 $3,960
2007 $76,790 $7,810 $84,600 $3,995

Property facts

Year built
1997
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,727 sqft
Lot size
114,562 sqft
ZIP code
44122
City
Beachwood
Street
Richmond Rd
Coordinates
41.46970, -81.49858

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,591
Gross rental yield
12.69%
Implied cap rate
8.25%
Trend-extrapolated value

Frequently asked questions

When did 3116 Richmond Rd last sell?
3116 Richmond Rd most recently sold on Dec 1, 2021 for $245,000.
What is the current tax assessment for 3116 Richmond Rd?
The most recent total assessment for 3116 Richmond Rd (year 2025) is $85,750 with $4,538 in property tax.
How does 3116 Richmond Rd's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $245,000.
When was 3116 Richmond Rd built?
3116 Richmond Rd was built in 1997.
How does 3116 Richmond Rd compare to others on Richmond Rd?
We track 8 other properties on Richmond Rd. Browse the list under "Other properties on Richmond Rd" to compare beds, baths, and sale history.
What are the property facts for 3116 Richmond Rd?
3116 Richmond Rd is a 2 bed, 2 bath, 1,727 sqft, 114,562 sqft lot condo.
Is 3116 Richmond Rd a flip candidate?
No — 3116 Richmond Rd does not appear in our flips dataset.
Is 3116 Richmond Rd a tax-appeal candidate?
No — 3116 Richmond Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+16.2%
2026 Q3
$581.8K
2026 Q4
$600.4K
ZIP 44122 — Median Price History + Forecast

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